Why the dividend investor may take a look at NYSE:SU.

SUNCOR ENERGY INC (NYSE:SU) was identified as a stock worth exploring by dividend investors by our stock screener. NYSE:SU scores well on profitability, solvency and liquidity. At the same time it seems to pay a decent dividend. We'll explore this a bit deeper below.

Looking at the Dividend

To gauge a stock's dividend quality, ChartMill utilizes a Dividend Rating ranging from 0 to 10. This comprehensive assessment considers various dividend aspects, including yield, history, growth, and sustainability. NYSE:SU has achieved a 7 out of 10:

• SU has a Yearly Dividend Yield of 5.01%, which is a nice return.
• SU's Dividend Yield is a higher than the industry average which is at 7.31.
• Compared to an average S&P500 Dividend Yield of 2.47, SU pays a better dividend.
• On average, the dividend of SU grows each year by 7.80%, which is quite nice.
• SU has been paying a dividend for at least 10 years, so it has a reliable track record.
• SU pays out 33.41% of its income as dividend. This is a sustainable payout ratio.

Deciphering NYSE:SU's Health Rating

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:SU has earned a 5 out of 10:

• The Debt to FCF ratio of SU is 2.48, which is a good value as it means it would take SU, 2.48 years of fcf income to pay off all of its debts.
• SU has a Debt to FCF ratio of 2.48. This is in the better half of the industry: SU outperforms 66.51% of its industry peers.
• SU has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.

A Closer Look at Profitability for NYSE:SU

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. NYSE:SU was assigned a score of 5 for profitability:

• SU's Profit Margin has improved in the last couple of years.
• In the last couple of years the Operating Margin of SU has grown nicely.
• The Gross Margin of SU (64.55%) is better than 65.12% of its industry peers.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

Our latest full fundamental report of SU contains the most current fundamental analsysis.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.